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Shared Ownership - taking in lodger immediately?
f1_Fan
Posts: 19 Forumite
Hi there,
I've been searching through the forum in regards to shared ownership for a while now and found some useful posts/threads about this. One thing I can't really find is taking in a lodger immediately after buying a SO property.
Basically, I've put down a reservation fee and passed financial assessment for a SO property in London. It's a 2 bed apartment, really nice and happy with this. But the only way I can really continue to have a suitable lifestyle within London is to bring a lodger into the other room. This is fine, but reading on the HA site, it states I won't be able to do so during the probation period which has got my worried. I can still request, but what are the chances of having this approved immediately?
Has anyone had experience with this? Do I need to be concerned with this? Would they approve this during the probation period - I mean what difference does it make? they'll still be getting the money at the end of the day and would make it easier for everyone.
Many thanks for help with this
I've been searching through the forum in regards to shared ownership for a while now and found some useful posts/threads about this. One thing I can't really find is taking in a lodger immediately after buying a SO property.
Basically, I've put down a reservation fee and passed financial assessment for a SO property in London. It's a 2 bed apartment, really nice and happy with this. But the only way I can really continue to have a suitable lifestyle within London is to bring a lodger into the other room. This is fine, but reading on the HA site, it states I won't be able to do so during the probation period which has got my worried. I can still request, but what are the chances of having this approved immediately?
Has anyone had experience with this? Do I need to be concerned with this? Would they approve this during the probation period - I mean what difference does it make? they'll still be getting the money at the end of the day and would make it easier for everyone.
Many thanks for help with this
0
Comments
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Why even tell them ? How are they even going to find out and what do you think they are going to do, sit you on the naughty step ?0
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A lodger is fine. Moving out and renting the whole place out is not0
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I know this, but during the probation period of a tenancy, I believe most HA don't allow this..haras_n0sirrah said:A lodger is fine. Moving out and renting the whole place out is not0 -
well then you have your answer. No one on here can generalise about how your unnamed HA is going to react to a request.f1_Fan said:
I know this, but during the probation period of a tenancy, I believe most HO don't allow this..haras_n0sirrah said:A lodger is fine. Moving out and renting the whole place out is not
reply #1 is the alternative0 -
hmm, this would be risky, no? I mean at the risk of eviction or a fine. The HA may visit during these periods as I'm in probation..rik111 said:Why even tell them ? How are they even going to find out and what do you think they are going to do, sit you on the naughty step ?0 -
If having a lodger immediately was so essential to your budget, then why didn't you check this out and query with your HA before putting down a reservation fee?
How long is the probationary period?No free lunch, and no free laptop
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Why not have a "guest" during probation?I am not a cat (But my friend is)0
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I called and they said generally they would have to approve it. But in their terms of probation (which is 12 months) it's not allowed. It doesn't give me great confidence, I just think for both parties it would be best. They want someone living with them that could afford it and as long as they're paying the rent and causing no issues - I can't see why it wouldn't.macman said:If having a lodger immediately was so essential to your budget, then why didn't you check this out and query with your HA before putting down a reservation fee?
How long is the probationary period?
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So you knew about this before you reserved?No free lunch, and no free laptop0
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Having been involved in shared ownership since 2010 I have not once had a "visit" from anyone unless I have asked for one due to snagging issues.f1_Fan said:
hmm, this would be risky, no? I mean at the risk of eviction or a fine. The HA may visit during these periods as I'm in probation..rik111 said:Why even tell them ? How are they even going to find out and what do you think they are going to do, sit you on the naughty step ?1
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